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Type: Posts; User: babushkafx

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  1. Replies
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    There is a concept called tick volume in FX which...

    There is a concept called tick volume in FX which can be used as a measure of current volatility, for exchange-traded instruments volume is amount of an asset traded in a particular trade. It helps...
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    372

    It may be a tough task for beginner to reap pips...

    It may be a tough task for beginner to reap pips soon after starting to trade however patience will most likely result in a desired outcome. Also reliable broker is needed to avoid systemic risks...
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    39

    In order to earn more pips you have to set wide...

    In order to earn more pips you have to set wide profit targets and use low leverage which means your trading style should resemble swing trading or something similar with medium to long-term outlook
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    I try to avoid gambling in my trading that may...

    I try to avoid gambling in my trading that may render void all my dreams to find a stable source of income. I avoid chasing large returns but instead focus on small steady gains. You should fit...
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    I trade almost every day but I limited time I...

    I trade almost every day but I limited time I dedicate to trading activities to two hours a day. Also I spend quite a lot of time reading economic textbooks and analysing news. Since I do scalping...
  6. Thread: Scalping

    by babushkafx
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    25
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    33,566

    I do only scalping with Hotforex thanks to...

    I do only scalping with Hotforex thanks to ultra-low raw spreads, my trading system generates many trades but due to low transaction costs it stays profitable.
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    A good and useful way to test your skills on demo...

    A good and useful way to test your skills on demo account is Hotforex demo contest which is held monthly. There is no entry fee however prizes are tradeable cash on your live account. Had two times...
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    8,378

    I try to choose moderate targets like 10% month...

    I try to choose moderate targets like 10% month and avoid trying to do more because it's a kind of discipline you don't let your emotions like greed to take control of you.
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    Sticky: Is it possible to receive rebates straight to my...

    Is it possible to receive rebates straight to my Hotforex wallet or trading account every day? What's the min frequency?
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    I trade BTCUSD and XRPUSD on Hotforex, it's...

    I trade BTCUSD and XRPUSD on Hotforex, it's pretty cool and spreads are quite low though slightly higher than on exchange but still it's worth to try because if you want more safety you have to pay.
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    Sticky: How frequent can withdrawals be done? It is...

    How frequent can withdrawals be done? It is possible to withdraw to skrill?
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    1,878

    Hotforex also offers PAMM accounts but I haven't...

    Hotforex also offers PAMM accounts but I haven't tried them yet, need to find a good way to pick fund managers.
  13. Agree that's why I chose Hotforex micro account...

    Agree that's why I chose Hotforex micro account to limit my risk at the initial stage of trading. It's important while you learn to reduce the cost of making mistakes that's why I chose slow progress.
  14. One example of such broker is Hotforex, I've been...

    One example of such broker is Hotforex, I've been quite successful in trading with them thanks to some specific advantages in their trading conditions.
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    Agree that's why before entering into a trade or...

    Agree that's why before entering into a trade or use some trading strategy we should carefully consider the leverage size, I set mine at Hotforex at 1:100 I really like slow equity growth and...
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    If you can keep interest in demo account...

    If you can keep interest in demo account continuously, then have it. Otherwise it is more appropriate to graduate from school of psychology. On the other hand, you can continue both of. It would be...
  17. Thread: Best broker

    by babushkafx
    Replies
    21
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    665

    To choose a broker, you must first check the...

    To choose a broker, you must first check the broker's license. Then you have to do research on the popularity of the broker. You also need to compare its spreads and other major aspects with...
  18. This is exactly what every trader needs to trade...

    This is exactly what every trader needs to trade with a trend. If you trade with the trend, the chances of making profit are higher because trends tend to continue if there is no decent force to stop...
  19. Thread: Confidence

    by babushkafx
    Replies
    22
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    4,250

    In Fx trading security is a major issue when...

    In Fx trading security is a major issue when choosing a broker. We the traders have to choose the broker which guarantee their clients funds. Thatís why from my first day of trading I have been using...
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    Just use brokers that offer segregated accounts...

    Just use brokers that offer segregated accounts like Hotforex in case of a bankruptcy your capital won't be used to pay debts of the broker. Only properly regulated brokers offer this feature.
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    Because markets are mostly random, thankfully I...

    Because markets are mostly random, thankfully I learned some nice tricks from Hotforex webinars how to discern bad market (unpredictable) from a good one.
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    Low trading spread implies lower burden on your...

    Low trading spread implies lower burden on your profit and that is essential for high frequency scalping systems which feature with high number of trades. My scalping systems are profitable on...
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    Reliable trading platform should provide you with...

    Reliable trading platform should provide you with best available execution prices even during turbulent times so you have advantage over other traders in terms of execution quality what basically...
  24. Thread: Best broker

    by babushkafx
    Replies
    21
    Views
    665

    I also trade only with ECN brokers to avoid...

    I also trade only with ECN brokers to avoid conflict of interest. I think it is very important that you don't trade against your broker in the long-term because you can be confident trading...
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    Demo account are really useful if traders want to...

    Demo account are really useful if traders want to learn and practice without losing money The demo experience may not be useful in real trading, it's a fact. But that doesn't mean it's useless....
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